INSUBCONTINENT EXCLUSIVE:
The Brazilian aviation sector faces a potential shake-up
Azul and GOL, two major airlines, are exploring a merger
create a dominant force in Brazilian skies
Together, Azul and GOL transported 57.4 million passengers in 2024
This figure represents 61.4% of the domestic market share.Azul led in takeoffs last year with 290,100 flights
GOL followed with 204,300 departures
60% Market Share in Brazil
(Photo Internet reproduction)Currently, three major airlines dominate 98.9% of domestic passenger transport in Brazil
Latam, Azul, and GOL hold these top spots
GOL must finalize its Chapter 11 bankruptcy proceedings in the United States
BrazilIf approved, the merger would maintain separate brands and operations for Azul and GOL
The deal settles tax debts totaling 5.5 billion reais
It promises to reshape the competitive landscape and potentially impact air travel options for millions of passengers.
